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Nonprofit · EIN 32-0283965

TOWNE LAKE COMMUNITY SERVICES FOUNDATION INC

Tax-exempt · CYPRESS, TX 77433

Financials

$980K$570K2023$1.2M$785K2024
Revenue Expenses · by fiscal year end
Financials of TOWNE LAKE COMMUNITY SERVICES FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,183,271$784,803$398,468$3,356,455$3,851$3,352,604
December 31, 2023990$979,651$570,484$409,167$2,961,711$7,576$2,954,135
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,106,446
Program service revenue
$0
Investment income
$76,825
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$2,580
Accounting fees
$6,000
Depreciation
$4,575
Program services (functional)
$770,223
Management and general (functional)
$14,580

Balance sheet and other

Total assets, start of year
$2,961,711
Total assets, end of year
$3,356,455
Total liabilities, end of year
$3,851
Net assets, end of year
$3,352,604
Land, buildings and equipment
$105,216
Net assets without donor restrictions
$3,352,604
Gross receipts
$1,183,271
Employees
0
Volunteers
5
Year formed
2009
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Fred CaldwellPresident
Trustee or director, Officer
2$0
Peter BarnhartVice President
Trustee or director, Officer
2$0
Alissa FairclothDirector
Trustee or director
2$0
Jennifer SymonsTreasurer
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Fred CaldwellPresident
Trustee or director, Officer
2$0
Peter BarnhartVice President
Trustee or director, Officer
2$0
Susan CaldwellSecretary
Trustee or director, Officer
2$0
Alissa FairclothDirector
Trustee or director
2$0
Jennifer SymonsTreasurer
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
9214 W BRIDGEPORT PASS CIR, CYPRESS, TX 77433-2655
In care of
% PETER O BARNHART
Principal officer (990 for 2024)
Peter Barnhart, 9214 West Bridgeport Pass Circle, Cypress, TX 77443
Signed the 990
Peter Barnhart, Vice President
Phone
(480) 624-7051
Return prepared by
Canady & Canady LLC

Mission

To assist in the sponsorship of services and programs for the residents of Towne Lake Community

990 for the year ended December 31, 2024

Program accomplishments

  • Community based adult and children's programs
    Expenses $770,223

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
32-0283965
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,356,455
Income (IRS master file)
$1,183,271

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,183,271$784,803$3,356,455XML
990December 2023$979,651$570,484$2,961,711XML
990December 2022$1,179,053$465,444$2,560,168IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 32-0283965).

Questions about TOWNE LAKE COMMUNITY SERVICES FOUNDATION INC

What is the EIN of TOWNE LAKE COMMUNITY SERVICES FOUNDATION INC?
The employer identification number (EIN) of TOWNE LAKE COMMUNITY SERVICES FOUNDATION INC is 32-0283965.
Is TOWNE LAKE COMMUNITY SERVICES FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2010.
Are donations to TOWNE LAKE COMMUNITY SERVICES FOUNDATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TOWNE LAKE COMMUNITY SERVICES FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TOWNE LAKE COMMUNITY SERVICES FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TOWNE LAKE COMMUNITY SERVICES FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TOWNE LAKE COMMUNITY SERVICES FOUNDATION INC?
The 990 for the year ended December 31, 2024 names Peter Barnhart.
Who are the officers and directors of TOWNE LAKE COMMUNITY SERVICES FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does TOWNE LAKE COMMUNITY SERVICES FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,183,271, expenses of $784,803 and total assets of $3,356,455 at year end.

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